Fill in the blanks: If demand decreases and supply increases, but the decrease in demand is greater

Question:

Fill in the blanks:

If demand decreases and supply increases, but the decrease in demand is greater than the increase in supply, the equilibrium quantity will _____________.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

Question Posted: